The following companies have different financial statistics. Turtle Co. Hare Corp. Growth rate in sales and earnings 24 % 8 % Cash as a percentage
The following companies have different financial statistics.
| Turtle Co. | Hare Corp. | ||||||
| Growth rate in sales and earnings | 24 | % | 8 | % | |||
| Cash as a percentage of total assets | 5 | 30 | |||||
a. What dividend policy would you recommend for Turtle Co.?
multiple choice 1
Low payout ratio
High payout ratio
b. What dividend policy would you recommend for Hare Corp.?
multiple choice 2
Low payout ratio
High payout ratio
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Authors: Andrea Binder
1st Edition
0192870122, 978-0192870124
